Stock of the Day: UTX
I look at a stock's numbers but I also look at the company's story. Sometimes the story is so good that I'm willing to bend on the numbers. UTX's numbers aren't bad at all but what is really compelling is the big picture.
If you believe (as I do) that the global building boom is still in its early stages; you've probably, like me, been buying heavy equipment manufacturers and basic materials and infrastructure related businesses.
Now read the profile of UTX, every single word of it!
You ought to be salivating now. What's the demand for elevators and escalators going to look like in the next decade? And, unlike steel, there isn't a ton of competition in this field. And this is just one of six strategic components of UTX!
This is what I mean by a compelling story.